NSX DAILY UPDATE (10 FEBRUARY 2023)




NSX TradesTraded Volume (No. Shares)Monetary Amount (N$)Trading Contribution (%)
Overall 319,834.00 6,742,172.8193.88%
ETFs 1,418.00 439,665.086.12%
Total 321,252.00 7,181,837.89100.00%

Table 1: NSX Trades


NSX Activities

A total of N$ 6,742,172.81 worth of shares was traded on the NSX on Friday with about N$ 347,935 worth of shares belonging to Anglo-American and N$ 9,653 from Capricorn Group on the home front. ETFs worth N$ 439,665.08 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

  • Anglo-American’s share performance on the overall bourse drops to below the 700 price level for the first time this year.
  • Capricorn Group shares were traded resulting in a slight decline in share price at closing.
  • New Gold Issuer Ltd NM ETF was subscribed by market participants
NameNSX Local TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Namibian BreweriesNBS46.0046.000.00%
Nictus HoldingsNHL1.901.900.00%
CapricornCGP13.8013.79-0.07%
First Rand NamibiaFNB33.5033.500.00%
Standard Bank NamibiaSNO5.115.110.00%
Oryx LimitedORY11.3811.380.00%
Letshego  LHN3.513.510.00%
Namibia Asset ManagementNAM0.680.680.00%
StimulusSILP127.90127.900.00%
Paratus Namibia Holdings LtdPNH13.1913.190.00%
Mobile Telecommunication CompanyMOC7.037.030.00%
Alpha Namibia Industries Renewable Power LimitedANE9.009.000.00%

Table 2: Primary listed Trades


­­

NameSouth African Dual Listed TickerPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
Anglo-American plcANM720.52699.11-2.97%
B2Gold CorporationB2G67.3764.49-4.27%
Oceana Group LimitedOCG71.2171.580.52%
Mediclinic International PlcMEP106.40107.390.93%
TruworthsTRW66.3464.42-2.89%
Nedbank Group LimitedNBK232.05228.23-1.65%
Standard Bank GroupSNB180.94177.50-1.90%
Shoprite HoldingsSRH230.89230.68-0.09%
FirstRand LimitedFST64.9564.26-1.06%
Momentum Metropolitan HoldingsMMT19.6619.45-1.07%
Old Mutual LtdOMM11.8011.67-1.10%
Sanlam LimitedSLA58.3556.95-2.40%
Santam LimitedSNM291.66291.00-0.23%
Vukile Property Fund LimitedVKN13.3513.400.37%
Investec LimitedIVD114.44112.13-2.02%
PSG Konsult LimitedKFS12.5612.30-2.07%

Table 3: Dual Listed Trades


NameETFsPrice Previous Close ‘N$Price End of Day ‘N$Daily Change %
New Gold Issuer Ltd NMNGNGLD309.61310.490.28%
New Gold Palladium ETFNGNPLD279.29271.04-2.95%
New Gold Platinum ETF NNGNPLT165.28166.010.44%
New Funds S&P NAM BondNFNAMA18.2418.21-0.16%

Table 4: ETFs


Exchange Rates @ 08:00 
USD/NAD17.93
EUR/NAD19.14
GBP/NAD21.61
EUR/GBP0.88
EUR/USD1.06
GBP/USD1.20
AUD/USD0.68
USD/JPY131.62
Commodities @ 08:00 
Gold1,869.40
Silver21.85
Platinum945.10
Palladium1,528.00
WTI78.87
Brent85.68

Table 5: Exchange Rates and Commodities 


Local News

As investigations continue into the massive fraudulent tax refund scam, the amount involved may reach up to N$400 million. This is according to the commissioner of the Namibia Revenue Agency.  (Sun Newspaper)

Coastal-based clearing and forwarding agencies are up in arms over the latest amendment by the Namibia Revenue Agency (NamRA) on the transportation of in-transit second-hand vehicles. The agents believe the directive will have disastrous financial implications for many families and clearing and forwarding agencies operating in Namibia. (New Era Newspaper)

The ministry of health, through the Namibia Medicines Regulatory Council, has confirmed that there are two registered pharmaceutical manufacturers in the country, Fabupharm, and Africure. (The Namibian)

Sub-Sahara News

Gauteng Premier Panyaza Lesufi called for serious action over illegal guns following the merciless public murders of hip hop star Kiernan “AKA” Forbes and his close friend, celebrity chef Tebello “Tibz” Motsoane. (News24)

South Africa’s logistics utility Transnet on Friday suspended freight rail services on its North East Corridor, which links with several countries in southern Africa, as heavy rains damaged infrastructure on the line. (CNBC Africa)

South Sudan has long been one of east Africa’s most unstable states. But surging external interest in its resources and the diplomatic agility of its rulers are again underlining how pivotal the country remains to regional energy and water politics (All Africa News)

International News

Rescuers pulled more survivors from the rubble on Sunday, nearly a week after one of the worst earthquakes to hit Turkey and Syria, as Turkish authorities sought to maintain order across the disaster zone and began legal action over building collapses. (Reuters)

European stocks are likely to open lower on Monday amid concerns about higher interest rates and heightened U.S.-China tensions fueled by an alleged Chinese spy balloon that was shot down by the U.S. (RTT News)

United States fighter jets have shot down an “unidentified object” flying near the Canadian border in the Midwest, the Pentagon said, the latest incident since a suspected Chinese surveillance balloon put North American security forces on high alert. (Aljazeera News)

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